Arizona State Pension Fund’s $24 Million Bitcoin Exposure via Strategy Shares
- The Arizona State Retirement System disclosed approximately $24 million in Bitcoin exposure through its investment in Strategy shares.
- This exposure is linked to a 76,238-share position in Strategy, as per a recent SEC filing.
- With Strategy stock (MSTR) closing at $177, the position’s current value has decreased to $13.5 million.
- Strategy serves as a regulated vehicle for pension funds seeking Bitcoin exposure without directly holding digital assets.
- Many US state pension funds have invested in Strategy stock to gain regulated Bitcoin exposure through equity investments.
The Arizona State Retirement System has revealed significant exposure to Bitcoin through its investment in Strategy shares. Initially valued at approximately $24 million, the current worth of this investment has declined to $13.5 million due to market fluctuations.
Source (3.2)https://cryptobriefing.com/arizona-pension-fund-bitcoin-strategy-shares/?rand=59535
